$EOS Strong rebound +34.94%, bottom volume surge, has it bottomed out?
## One chart to understand the EOS market
Key support range: 0.40-0.45 USDT
Key resistance range: 0.65-0.70 USDT
Trading volume: 101.51M, significant recent volume increase
## Practical operation guide
Break above 0.70 USDT area: Consider following up, target range 0.85-1.00 USDT
Fall below 0.55 USDT area: Be cautious of pullback risk, may test 0.45-0.50 USDT support again
Pay attention to recent trading volume: Sustained volume increase is an important confirmation signal for trend reversal
Watch for potential double bottom pattern: If this rebound continues, it may form a mid-term reversal signal
## Professional analysis (ICT perspective)
From the perspective of ICT (Institutional Candle Theory) analysis on $EOS, clear signs of institutional operations can be seen. The weekly chart shows that EOS has experienced a long downtrend, falling from a high of 15.67 USDT in 2018 to a historical low of 0.40 USDT.
Recently, the price has formed an effective demand zone in the 0.40-0.45 USDT range, which is the first strong support seen in years of downtrend. This week, EOS surged by 34.94%, with trading volume skyrocketing to 101.51M, which is a typical ICT bottom reversal signal.
From the ICT perspective, the price action in the 0.40-0.45 USDT range exhibits typical liquidity test characteristics, with a strong rebound after multiple tests, indicating that institutions have completed their accumulation in this area. The current price of 0.6426 USDT is facing resistance in the 0.65-0.70 USDT supply zone, which has previously served as support multiple times.
It is noteworthy that this rebound has broken through the descending trend line of the past few months, accompanied by huge trading volume, indicating a potential change in market structure. From the weekly level, this is also the first time since 2022 that EOS has formed a more obvious bullish market structure.
## Risk warning
Although EOS has shown a strong rebound, it is essential to note that it has been in a long-term downtrend, and the current rebound may be a technical rebound rather than a trend reversal. Additionally, while the trading volume is significant, it needs to be continuously observed whether it can be maintained. The cryptocurrency market is highly volatile, please control your positions and set strict stop-losses. This article does not constitute investment advice.
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